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Tag: Good to Great by Jim Collins

  • Why HATE a GENIUS LEADER with THOUSAND HELPERS?

    Why HATE a GENIUS LEADER with THOUSAND HELPERS?

    Daily writing prompt
    What public figure do you disagree with the most?

    There are acclaimed public figures who are geniuses with “yes men” around. I hate genius leaders with thousand helpers for the reasons mentioned below.

    Organizations led by a GENIUS leader with THOUSAND FOLLOWERS, decide on the “WHAT” questions without figuring out the SUCCESSION plan i.e. the “WHO” related questions.

    On the other hand, great organizations led by LEVEL 5 leaders, first get the RIGHT PEOPLE on the BUS before deciding on the answers to the STRATEGY related questions. Thus these organizations answer the “WHO” related questions before taking the “WHAT” related decisions.

    Hence strive to a Level 5 leader not a genius leader with thousand helpers.

  • Hedgehog Concept provides Direction in Life

    Hedgehog Concept provides Direction in Life

    Daily writing prompt
    What gives you direction in life?

    Hedgehog Concept provides direction in life by helping you understanding how to channelize your potential in the right direction.

    The Hedgehog Concept mentioned by Jim Collins in Good to Great is as follows:

    Cal Newport has extended this and enlightened us on the concept of Craftsman Mindset as follows:

    Choosing to become a skilled CRAFTSMAN by adopting the CRAFTSMAN MINDSET helps us focus on WHAT we can OFFER to the world.

    This is turns would inspire us to hone the skills we are good at, become RARE and VALUABLE and in turn become so good that others cannot ignore us.

    To become a CEO of your life, please read the following blog:

  • Are you BUILDING a STARTUP? A MUST READ

    The following framework has been adopted from Jim Collins’s book Good to Great and shows the journey and steps needed to make the transition from GOOD to GREAT

    Good to Great by Jim Collins
  • An ORGANISATION’S JOURNEY from being GOOD to GREAT..

    Every great company undertakes the journey shown as steps in the following snapshot adopted from Jim Collins’s Good to Great

    1. Use HEDGEHOG CONCEPT to be in the right business

    2. Fire BULLETS then CANNONBALL to validate its STRATEGY

    3. Build a culture of TRUST and EMPOWER employees

    4. The FLYWHEEL builds MOMENTUM

  • DON’T be a GENIUS LEADER with THOUSAND FOLLOWERS for this REASON..

    The following leadership insight has been adopted from Jim Collins’s best seller Good to Great.

    Great organizations led by LEVEL 5 leaders, first get the RIGHT PEOPLE on the BUS before deciding on the answers to the STRATEGY related questions. Thus these organizations answer the “WHO” related questions before taking the “WHAT” related decisions.

    On the other hand, organizations led by a GENIUS leader with THOUSAND FOLLOWERS, decide on the “WHAT” questions without figuring out the SUCCESSION plan i.e. the “WHO” related questions.

    This is precisely the reason an ORGANIZATION led by a GENIUS LEADER with 1000 followers, are doomed in the long run after the demise of the GENIUS LEADER.

  • The LEVEL 5 leadership PARADOX.

    The following insight has been adopted from Jim Collins’s book Good to Great..

    LEVEL 5 LEADERSHIP is a PARADOXICAL MIX of PERSONAL HUMILITY and PROFESSIONAL WILL.

    Jim Collins’s book Good to Great
  • As an ENTREPRENEUR, are you STRUGGLING with PEOPLE decisions?

    The following insight adopted from Jim Collins’s best seller Good to Great throws light on the THREE principles that can be adopted from entrepreneurs to improve their people related decisions.

    1. When in DOUBT do NOT HIRE – Keep Looking
    2. If you FEEL you need to MAKE a PEOPLE change, ACT.
    3. Put your BEST PEOPLE in BEST OPPORTUNITIES

    Armed with these 3 principles, entrepreneurs can do better when it comes to people decisions

  • How do GREAT LEADERS channelize their EGO?

    The following great quote of Jim Collins from Good to Great illuminates us on the fact that even though great leaders may have ego they channelize their ego in the right direction keeping in mind a larger objective.

    “Level 5 leaders channel their ego needs away from themselves and into the larger goal of building a great company. It’s not that Level 5 leaders have no ego or self-interest. Indeed, they are incredibly ambitious–but their ambition is first and foremost for the institution, not themselves.”

    Adopted from Jim Collins’s book Good to Great

    This leadership masterclass proves beyond doubt that intentions make or break great leaders.

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  • Troubled by BUREAUCRACY? Watch out for these worrying signs.

    The following insight shared by Jim Collins mentions the sole reason for existence of BUREAUCRACY in a a workplace..

    “The purpose of bureaucracy is to compensate for incompetence and lack of discipline–a problem that largely goes away if you have the right people in the first place.”

    Adopted from Jim Collins’s great quotes

    Watching out for these signs can help us stay away from such workplaces..

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  • Is the “20 Mile March” just a philosophy?

    The following insight shared by Jim Collins in his book good to Great illuminates us on the traits of a 20 MILE MARCH which is religiously practiced by top performers to achieve consistently great results.

    The 20 Mile March is more than a philosophy.  It’s about having concrete, clear, intelligent, and rigorously pursued performance mechanisms that keep you on track.  The 20 Mile March creates two types of self-imposed discomfort: (1) the discomfort of unwavering commitment to high performance in difficult conditions, and (2) the discomfort of holding back in good conditions.

    Adopted from Jim Collins’s book Good to Great

    Thus 20 mile March is more than a philosophy that reminds us that for achieving great results we need to consistently push ourselves to move out of our comfort zones, day in and day out.